4 Required information Problem 02-3A Source documents. Journal entries, and accounts in job order costing LO P1, P2, P3 [The following information applies to the questions displayed below) Widmer Watercraft's predetermined overhead rate is 200% of direct labor. Information on the company's production activities during May follows.' a. Purchased raw materials on credit, $220,000 b. Materials requisitions record use of the following materials for the month. Job 136 Job 137 Job 138 Job 139 Job 140 Total direct materials Indirect materials Total materials used $ 49,000 32,000 19,400 23,000 6,800 130,200 20,500 $150,700 c. Paid $15,250 cash to a computer consultant to reprogram factory equipment. d. Time tickets record use of the following labor for the month. These wages were paid in cash Job 136 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total $ 12,100 10,700 38,100 39,000 3,800 103, 700 26,000 $129,700 e. Applied overhead to Jobs 136, 138, and 139 1. Transferred Jobs 136, 138, and 139 to Finished Goods 9. Sold Jobs 136 and 138 on credit at a total price of $540,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance) Depreciation of factory building $69,000 Depreciation of factory equipment 37,500 Expired factory insurance 10,000 Accrued property taxes payable 37,000 I. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost. Problem 02-3A Part 2 2. Prepare journal entries to record the events and transactions a through i. View transaction list Journal entry worksheet Record raw material purchases on credit. Note: Enter debits before credits. General Journal Debit Credit Transaction a. Record entry Clear entry View general Journal